Hello,
I'd like to get a clear answer about CGT exemption rule for the primary family home. My husband and I have rented out 1 bed unit (family home since 2014) from Jun 2022 and decided to sell due to my husband's mobility issue. To get the CGT exemption should we get back to our unit first then sell or we can get CGT exemption while we are renting it?
Appreciate your help. Ena
I'd like to get a clear answer about CGT exemption rule for the primary family home.
General info:
I'd like to get a clear answer about CGT exemption rule for the primary family home.
General info:
If you lived in the property from the time you purchased it until June 2022 and neither of you owned any other property that you want to treat as your main residence during that time, then you have up to 6 years from June 2022 to rent it out and still use the main residence exemption. You don't have to move back into it before sale for that to apply. The outcome changes if you didn't move into it as soon as you purchased it, if you used any part of it for business purposes, or had any other properties you owned while you have owned this one, but on the vanilla situation, that's the outcome
If using the 6 year rule to obtain a full exemption from CGT, you don't need to move back in before selling.
You only need to make sure you don't rent the dwelling out for more than 6 years. Periods when the property is vacant are not included in the 6 years.
Rule is below
Treating former home as main residence | Australian Taxation Office
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15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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